Question

Given the following table, determine the missing value. growth factor ? 1.19 4.21 1.06 percent 15% 19% 321% 6% a. 1.15 c. 15 b. 115 d. .15

Answer 1

To determine the missing value in the table, we can use the growth factor and percent given.

Step-by-step explanation:

To determine the missing value in the table, we can use the growth factor and percent given. The growth factor represents the multiplicative factor by which the quantity increases, while the percent represents the increase as a percentage of the original quantity.

Let's take the first row of the table as an example. The growth factor is 1.19, which means the quantity increases by a factor of 1.19. The percent is 15%, which means the quantity increases by 15% of the original quantity.

To find the missing value, we can use the formula: missing value = original quantity * growth factor + original quantity * percent

In this case, the missing value is 15% of the original quantity plus the original quantity multiplied by 1.19.

Therefore, the correct option is b. 115.

Answer 2

The growth factor for the missing value is 1.15. Option A is correct.

What is the growth factor?

The growth factor is a value that express the proportional increase or decrease between two quantities over time. It is usually represented as a percentage.

The growth factor is calculated by using the formula"

`Growth \ Factor = 1 + (percent )/(100)`

For 15%, the growth factor is:

`Growth \ Factor = 1 + (15)/(100) = 1.15`

For 19%, the growth factor is:

`Growth \ Factor = 1 + (19 )/(100)=1.19`

For 321%, the growth factor is:

`Growth \ Factor = 1 + (321 )/(100)=4.21`

For 6%, the growth factor is:

`Growth \ Factor = 1 + (6)/(100)=1.06`

Therefore, we can conclude that the growth factor for the missing value is 1.15.